Welcome to my Trading Blog

Disclaimer: This is my personal Blog, reflecting my very own views on Forex , shares and commodity tradings. As such, all informations provided here are barely for information purposes only,. The author should not be held liable for any errors, incomplete information, delayed messages, or for any actions taken in reliance on information contained herein.This blog is new, being established on 06,May.2010. While I am executing trades, posting will be sent simultaneously. The date/Time indicated here is of US Pacific zone(++15 Hours for Singapore/KL/Beijing, Or ++7 hours GMT)

Friday, June 25, 2010

GBP/USD --another trade of the day

GBP/USD continue to decline from yesterday  to 1.4924, plunging very rapidly toward the first immediate support 1.4912., exposes this level will see 1.4889 which is the second support .
Technicals indicate Near terms (H1,H4,D1)is Bearish, and the current descent  shall accelerate to the South.
The price action is immersed inside the thick Ichi cloud

Do use MI,M5,M15,M30 to assist you to catch the recovery for SELL DOWN the pair.



Happy trading
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